SUSHI - SUSHI/USD - 1H - Technical analysis published on 11/06/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 12.30 USD
My targets
11.89 USD (-1.90%)
11.50 USD (-5.12%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SUSHI - SUSHI/USD as long as the price remains well below 12.30 USD. The sellers' bearish objective is set at 11.89 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 11.50 USD. In case of crossing, the next objective would be the support located at 10.56 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.6
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This analysis was given by alphakarl. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SUSHI - SUSHI/USD rating 12.12 USD. The price registered a decrease of -0.17% on the session and was between 12.07 USD and 12.15 USD. This implies that the price is at +0.41% from its lowest and at -0.25% from its highest.12.07
12.15
12.12
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of SUSHI - SUSHI/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.56 | 11.50 | 11.89 | 12.12 | 12.30 | 13.11 | 13.45 |
| Change (%) | -12.87% | -5.12% | -1.90% | - | +1.49% | +8.17% | +10.97% |
| Change | -1.56 | -0.62 | -0.23 | - | +0.18 | +0.99 | +1.33 |
| Level | Major | Intermediate | Minor | - | Minor | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.65 | 11.39 | 11.77 | 12.51 | 12.89 | 13.63 | 14.01 |
| Camarilla | 11.83 | 11.94 | 12.04 | 12.14 | 12.24 | 12.35 | 12.45 |
| Woodie | 10.46 | 11.30 | 11.58 | 12.42 | 12.70 | 13.54 | 13.82 |
| Fibonacci | 11.39 | 11.82 | 12.09 | 12.51 | 12.94 | 13.21 | 13.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.92 | 9.01 | 10.05 | 11.14 | 12.18 | 13.27 | 14.31 |
| Camarilla | 10.50 | 10.70 | 10.90 | 11.09 | 11.29 | 11.48 | 11.68 |
| Woodie | 7.90 | 9.00 | 10.03 | 11.13 | 12.16 | 13.26 | 14.29 |
| Fibonacci | 9.01 | 9.82 | 10.33 | 11.14 | 11.95 | 12.46 | 13.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.05 | 8.35 | 9.62 | 10.92 | 12.19 | 13.49 | 14.76 |
| Camarilla | 10.17 | 10.41 | 10.64 | 10.88 | 11.12 | 11.35 | 11.59 |
| Woodie | 7.03 | 8.34 | 9.60 | 10.91 | 12.17 | 13.48 | 14.74 |
| Fibonacci | 8.35 | 9.34 | 9.94 | 10.92 | 11.91 | 12.51 | 13.49 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 33.66 | |
| MACD (12,26,9): | -0.1400 | |
| Directional Movement: | -18.22 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 12.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.28 | |
| Elder Ray (13): | -0.19 | |
| Super Trend (3,10): | 12.47 | |
| Zig ZAG (10): | 12.09 | |
| VORTEX (21): | 0.7300 | |
| Stochastique (14,3,5): | 1.65 | |
| TEMA (21): | 12.12 | |
| Williams %R (14): | -96.83 | |
| Chande Momentum Oscillator (20): | -0.56 | |
| Repulse (5,40,3): | -1.2900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 6.27 |
| MA7: | 12.35 | |
| MA20: | 11.42 | |
| MA50: | 10.91 | |
| MA100: | 11.34 | |
| MAexp7: | 12.22 | |
| MAexp20: | 12.38 | |
| MAexp50: | 12.50 | |
| MAexp100: | 12.40 | |
| Price / MA7: | -1.86% | |
| Price / MA20: | +6.13% | |
| Price / MA50: | +11.09% | |
| Price / MA100: | +6.88% | |
| Price / MAexp7: | -0.82% | |
| Price / MAexp20: | -2.10% | |
| Price / MAexp50: | -3.04% | |
| Price / MAexp100: | -2.26% |
Quotes :
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Real time data
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